Stock Market & Financial Investment News

Standard Parking announces various contract awardsStandard Parking announced various contract awards received following the merger of Standard Parking and Central Parking last October. The awards involve properties across the U.S. and include awards to various SP Plus service lines and end markets, as well as to the Company's Central Parking subsidiary. SP Plus Office Services was awarded the management of the parking operations at nine office buildings across the country for Piedmont Real Estate Investment Trust. The City of Scranton awarded SP Plus Municipal Services a new on-street meter collection and enforcement contract effective Jan. 1. SP Plus Municipal Services also was selected by the City of Oxford, Miss. to provide on-street meter enforcement and citations for parking violations in the downtown area. Standard Parking recently expanded its services at the Horseshoe Casino, Cleveland with 24/7 shuttle service. SP Plus Security Services was selected to become a single-source provider for Solair ST Collections, a mixed-use retail and residential project in the heart of Los Angeles' Koreatown. Under the contract, the Company will provide security, light building maintenance and janitorial services to various portions of the property. Standard Parking currently provides parking management services at the project.